Cart

0

Business, Stocks

“Abercrombie’s 285% Surge in 2023 Beats Even Sizzling Nvidia”

“Abercrombie & Fitch Co. has gained 285% this year, its best annual performance since going public in 1996. The rally has made the company the best performer in the S&P 1500 Index, even managing to beat out artificial intelligence darling… Continue Reading…

Stocks

“Nvidia Insiders Unload Shares After 220% AI Rally”

“…Nvidia Corp. executives and directors last month sold or filed paperwork showing they intend to sell roughly 370,000 shares worth about $180 million, according to data compiled by the Washington Service. If all of the shares were sold, it would… Continue Reading…

Business, Stocks

“Nvidia earnings [Up,] scare away AMD, Intel investors as legacy chipmakers lose ground in AI

“Developers in the world of artificial intelligence can’t get enough of Nvidia’s processors. Demand is so strong that the company said late Wednesday that revenue in the current quarter will jump 170% to roughly $16 billion. Nvidia shares rose more than 2% on Thursday before slumping… Continue Reading…

Business

“Nvidia-backed platform that turns text into A.I.-generated avatars boosts valuation to $1 billion”

“ https://www.cnbc.com/2023/06/13/ai-firm-synthesia-hits-1-billion-valuation-in-nvidia-backed-series-c.html

Business, Stocks

“Nvidia hits $1 trillion market cap”

“Nvidia hit a $1 trillion market cap at the open Tuesday, joining a small club of mostly technology companies. Nvidia’s shares have to hold above $404.86 to maintain that distinction throughout the day. The stock rose nearly 6% in morning trading…… Continue Reading…

Business, Stocks

“Nvidia nears elite trillion-dollar market cap club of Apple, Microsoft, Alphabet and Amazon”

“…The chipmaker saw its shares surge 25% on Thursday, bringing its market value to just under the $1 trillion mark at around $951 billion per FactSet. It was $755 billion at Wednesday’s close. Nvidia would become the fifth publicly traded U.S.… Continue Reading…

Stocks

“Nvidia shares up 12% on earnings and bullish outlook on A.I.”

“Nvidia shares opened up over 12% Thursday morning, a day after the chipmaker reported a beat on the top and bottom line. Analysts are also bullish on the company’s A.I. vision. Nvidia reported $6.05 billion in revenue for the fiscal… Continue Reading…

Business

“Nvidia earnings fall short, Q3 forecast misses by $1 billion”

“…Here are the most important numbers from the report compared to what analysts were expecting. Revenue: $6.7 billion versus $6.7 billion expected Adj. EPS: $0.51 versus $0.53 expected Data Center: $3.8 billion versus $3.8 billion expected Gaming: $2.0 billion versus $2.0 billion expected Net… Continue Reading…

Stocks

“NVIDIA Stock Is A Big Money Favorite”

“…In 2021, the stock has attracted 24 Big Money buy signals. Generally speaking, recent green bars could mean more upside is ahead. Now, let’s check out technical action grabbing my attention: 1-month outperformance vs. Vanguard Information Technology ETF (+17.89% vs.… Continue Reading…

Business

“Nvidia to buy Arm Holdings from SoftBank for $40 billion”

“Chipmaker Nvidia has agreed to buy Arm Holdings, a designer of chips for mobile phones, from SoftBank in a deal worth $40 billion, the companies announced Sunday. The deal will include $21.5 billion in Nvidia stock and $12 billion in cash, including $2 billion payable at… Continue Reading…